SAN FRANCISCO–(BUSINESS WIRE)–October 04, 2013–
NANOTECH ENTERTAINMENT (OTCPINK: NTEK) announced today the acquisition of two Director Ultra HD 4K motion picture film-scanning systems from Lasergraphics. After an extensive selection process that included all of the leading scanner manufacturers, Lasergraphics’ The Director was selected as the scanner of choice for 4K Studios new facilities in San Francisco.
NanoTech recently introduced the world’s first Ultra HD 4K streaming media player, the Nuvola NP-H1, and is releasing the nVidia Tegra 4, which is based on the Nuvola NP-1 and NP-C players this quarter. “We have invested heavily into acquiring content now that we have the ability to stream Ultra HD 4K content into the home,” said NanoTech CEO Jeff Foley. “We tested several solutions, and the quality of output we were able to achieve with the Lasergraphics solution was unmatched. We are have already queued up several customers and are looking forward to bringing the ‘Future of Television’ to homes this fall.”
The Director’s 4K resolution, high dynamic range and optical pin registration features were key factors in the decision. Some of the other criteria that set The Director apart from its competitors include its increased range of dynamic image quality, on-the-fly dust and scratch detection/reduction capability, scanning speed and ease of use. Lasergraphics’ unique double and triple-flash High Dynamic Range (HDR) technology allows the scanner to capture dramatically more shadow detail from print film than any other scanner on the market. Steve Klenk, President of Galileo Digital, the exclusive distributor for Lasergraphics added, “We are very excited for the opportunity to work with the NanoTech team. By combining our phenomenal film scanners with the 4K Studios proprietary post-production process, the results are absolutely stunning. Consumers are going to finally get the Ultra HD 4K content to display on their new TV sets this year.”
About NanoTech Entertainment
Headquartered in San Jose, CA, NanoTech Entertainment is a technology company that focuses on all aspects of the entertainment industry. With five technology business units, focusing on 3D, Gaming, Media & IPTV, Mobile Apps, and Manufacturing, the company has a unique business model. The company has a diverse portfolio of products and technology. NanoTech Gaming Labs operates as a virtual manufacturer, developing its technology and games, and licensing them to third parties for manufacturing and distribution in order to keep its overhead extremely low and operations efficient in the new global manufacturing economy. NanoTech Media develops proprietary technology which it licenses to publishers for use in their products as well as creating and publishing unique content. NanoTech Media Technology includes the world’s first Ultra HD 4K streaming solution. NanoTech Communications develops and sells proprietary apps and technology in the Mobile and Consumer space. Clear Memories is the global leader in 3D ice carving and manufacturing technology. 4K Studios creates digital Ultra HD 4K content using both licensed materials as well as original productions. NanoTech is redefining the role of developers and manufacturers in the global market. More information about NanoTech Entertainment and its products can be found on the web at www.NanoTechEnt.com.
Lasergraphics, Inc., founded in 1981 and headquartered in Irvine, California, is a leading designer and manufacturer of high resolution, high speed film recording and scanning systems for the motion picture industry.
“Safe Harbor” Statement: Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company’s expectations with regard to the future impact on the company’s results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company’s actual results may differ materially from expected results.
The NanoTech Entertainment logo is a trademark of NanoTech Entertainment, Inc. NanoFlix, NanoTales, NanoBooks, Nuvola NP-1, Nuvola NP-C, Nuvola GP-1, Nuvola RF-10, Nuvola NP-H1 and Nuvola NP-S1 are trademarks of NanoTech Media Corporation. All rights reserved. All other marks are the property of their respective owners. “The Future of Television”, “The Future of Entertainment” and “Smarter TV” are service marks of NanoTech Entertainment, Inc., All Rights Reserved
CONTACT: NanoTech Entertainment
Christian Hansen, 858-381-4677
SOURCE: NanoTech Entertainment, Inc.
VIA: The Wall Street Journal
Copyright Business Wire 2013